We use the term countertrade / counter trading / counter trade to describe a signal in contradiction (opposite direction) to a previously given signal. As we DO NOT use a stop loss (SL) per position w...
stop loss
Understanding hedging
Hedging is a way to reduce the amount of loss you would incur if something unexpected happened. With respect to our signals if you intent to protect an existing position from an unwanted move in the o...
Minimum account balance
The minimum initial deposit to successfully follow our trades should be around 10’000 £/$/€. Most of our followers deposit a multiple of this. We strongly believe that proper funding is part ...
What is risk management
To minimize the likelihood of a financial loss, each investor needs to have some risk management strategy in place . Trading is about managing probabilities. Using our signals will give you a very hi...
What is money management
Successful trading will by definition have a positive expectation. But what does this mean? It means that in the long run, S1X Financial trading system will make money. It does not mean you will win e...
Do you use Stops and Limits?
As already mentioned, we DO NOT supply/use a Stop Loss. Stop loss is depending on the client’s available equity, risk tolerance and money management strategy. If we were to publish a specific st...
With regard to risk management what account size do you recommend, as a minimum, for clients following you via your Pelican group?
Everybody must do his or her own risk management especially since we DO NOT provide/use any SL and we do not know the client’s available account equity. We merely suggest that new students/clients t...